I will be declaring bankruptcy in a month or so but I am planning to buy a car with a loan from a dealer. The car`s value is $8,000 and I will be making monthly payments towards the loan. Will I be allowed to own this car even though the value is more than the [...]

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Bankruptcy Articles - Archive: October 2009 Page 2
The latest bankruptcy questions, with our experts' responses:
my husband and i have a mortgage in both our names. We also have a lot of debt. total of about $675,000. He is the only one working and we cannot make the payments. I want to file bankruptcy and start again. He doesn`t want to and says if there is a way I can [...]
Ok I know this sounds bad, but I`ve been in `hiding` for almost 10 years regarding a student loan. The only reason I didn`t pay it, was because at the time of the loan, I was a single mother on welfare; I wanted to be able to provide for my family, so I decided to [...]
Former Canadian resident now living in USA, debts are all Canadian. Can I file in Canada? Posted from: Alberta
I have ballooning credit card debt due to employment difficulties during the past few years. I manage to make the minimum payments, largely from my credit line, but unless things change drastically I don`t see how I will ever be able to finance the interest myself, let alone pay down these debts. I keep about [...]
Can I apply for credit during bankruptcy? Posted from: Ontario
what happens if you go bankrupt 3 times how many years will it stay on your credit bureau before it is removed?? Posted from: Ontario
I expect to be discharged in December. So far I have fulfilled all my duties and my trustee has applied for an absolute discharge sending a report to Superintendent Office. Today, I got a Notice of Examination before the Official Receiver, my question is what would be a reason for such examination? Posted from: Alberta
Is there any way to file bankruptcy online? Posted from: Nova Scotia
Under bankruptcy, will I be required to hand over my kid`s RESPs? My personal RRSP is locked in? Will that be affected? Will I be able to keep my house and car? The car payments are up-to-date, but the mortgage has fallen in arrears by two payments. Posted from: Ontario



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